Upcoming changes
Changes to our Business Banking Fees and Limits - 1 July 2025
We're making some changes to our Business Banking Fees and Limits.
Summary of changes:
We're changing our fees relating to bank guarantees and performance bonds:
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Establishment fee |
Ongoing fee |
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Previous |
New |
Previous |
New |
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Bank guarantee |
1% p.a.* Minimum fee $25. |
$250 if using Kiwibank’s standard template. $350 if using non-Kiwikank’s standard template. |
1% p.a.* Charged quarterly. Minimum fee $25 per quarter. |
2% p.a.* Charged quarterly. Minimum fee $62.50 per quarter. |
|
Performance bond |
1% p.a.* Minimum fee $25. |
$250 if using Kiwibank’s standard template. $350 if using non-Kiwikank’s standard template. |
1% p.a.* Minimum fee $25 per quarter. |
1% p.a.* Minimum fee $62.50 per quarter. |
*Of the value of the bank guarantee or performance bond.
Download a copy of the updated Business Banking Fees and Limits effective from 1 July 2025.
Date effective: 1 July 2025
Date published: 10 June 2025
Previous public notices
For previous public notices, see our archived public notices.